A Lot Going On With The EURUSD!So as you can see here on the chart, we have what looks to be a giant mess. Now first, the long "red" rectangle is a major structure zone that has been previous resistance.
Next we have two different advanced patterns (CG and Butterfly) that are completing in that zone, along with a potential AB=CD (Blue trend lines).
Finally we have a simple "triangle pattern setting up. Now if the triangle breaks out to the upside, then the rest of this will be invalid. But if it does breakdown, we will have a ton of different opportunities to look at getting long.
If you would like to watch the video of this, you can check it out on my youtube page here: youtu.be
As always follow your plan.
Good luck and good trading.
Cgpattern
Potential CG Pattern on GBPUSDThere is a potential CG pattern setting up here on GBPUSD. This pattern will potentially complete at 1.40110. Minimum stops need to be below X at 1.39824.
I will be holding a free training on this pattern for anyone who is interested in learning it, this Friday March 30th. To sign up, click on the link below:
www.bctradingsystems.com
Bear CG Pattern on EURUSDHere is a very nice example of the NEW "CG" Pattern that I have been working on. As you can see, in this example, we have very nice R:R.
If anyone is interested in learning this new advanced pattern, I am holding a free live training on it this Friday March 30th. If you would like to attend or you would just like more information, click on the link below.
www.bctradingsystems.com
Potential Cypher, Bat & CG Pattern on EURUSDWell for those of you that trade the EURUSD, you have probably noticed that it has been consolidated these past couple weeks. Now if you are a trend trader, this has been an issue for you. But if you are like me, (an advanced pattern trader) you have been loving the consolidation, and in this video we cover 3 potential patterns that are setting up on the EURUSD, including the new CG pattern.